$10,000 Closing Credit*
$990,000
5 Beds
•3 Full Baths, 2 Partial
Listing Office: KAIZEN Realty, LLC
Is 38139, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 38139 was a Buyer's Market.
Key Takeaway
38139 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 38139, TN
How much do homes in 38139, TN cost?
Median Sold Price
$543,500
-
Based on all homes sold in October 2024.
Difference Since Last Month
-$71,500(-11.6%)
Key Takeaway
Homes in 38139 have sold for 11.6% less than they did a month ago.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $380K | $543.5K | +43.0% |
| 4 Bedrooms | $642K | $482K | -24.9% |
| 5+ Bedrooms | $615K | $825K | +34.1% |
Summary: 38139 housing prices by bedroom type for October 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 43%, 4 bedroom homes decreased by 24.9%, and 5+ bedroom homes increased by 34.1%.
Housing Supply in 38139, TN
How many homes are available in 38139, TN?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 66 | 75 | +13.6% |
Summary: The 38139 real estate market had 75 homes for sale in October 2024, a 13.6% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 6 | 8 | +33.3% |
| 4 Bedrooms | 36 | 40 | +11.1% |
| 5+ Bedrooms | 23 | 26 | +13.0% |
Summary: The 38139 housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 33.3%, 4 bedroom homes increased by 11.1%, and 5+ bedroom homes increased by 13%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 8 | 20 | +150.0% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
4 Homes Were Sold
At Asking
3 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 38139, you may be able to get a good deal. 65% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in 38139 in October 2024, up by 150.0% month-over-month. Of the 20 sold homes, 65% were sold under asking, 20% were sold at asking, and 15% were sold over asking.
Days on Market for 38139, TN
We’re sorry, we don't have information for this market at the moment
